Lewisville NEWS - Markets rally, Dow breaks 7,000 level - The Washington Times Lewisville NEWS - Markets rally, Dow breaks 7,000 level - The Washington Times

Thursday, March 12, 2009

Lewisville NEWS - Markets rally, Dow breaks 7,000 level - The Washington Times

** FILE ** The Wall St. street sign is photographed in front of the American flag hanging on the New York Stock Exchange in New York. Wall Street rallied Thursday in the face of mixed economic and corporate data, pushing the Dow Jones Industrial SouthBristol NEWS

NEW YORK (AP) — Wall Street extended its rally into a third day as investors took in stride a cut in General Electric Co. 's credit rating. Standard & Poor's lowered GE's top rating one notch because of problems at the conglomerate's lending arm SouthBristol NEWS

U.S. stocks have extended their rally into a third straight session as investors took in stride a cut in General Electric Co.'s credit rating. Standard & Poor's lowered GE's top rating one notch because of problems at the conglomerate's lending arm SouthBristol NEWS

Standard & Poor's lowered GE's top rating one notch because of problems at the conglomerate's lending arm, but indicated it was not eying another downgrade. Many investors had expected deeper cuts for GE, the oldest member of the Dow Jones SouthBristol NEWS

Investors struggled but managed to turn Wall Street's best performance this year into a two-day advance. Stocks ended with modest gains Wednesday but the Dow Jones industrial average still recorded its first two-day climb since Feb. 5-6. The buying SouthBristol NEWS

March 12 (Bloomberg) -- European stocks rose, pushing the Dow Jones Stoxx 600 Index to a third straight advance, as the Swiss central bank cut its interest rate to close to zero and Carrefour SA led a rally in retailers. Holcim Ltd., the world’s SouthBristol NEWS

NEW YORK—Wall Street extended its rally into a third day as investors took in stride a cut in General Electric Co.'s credit rating. Standard & Poor's lowered GE's top rating one notch because of problems at the company's lending arm. However SouthBristol NEWS

Stocks bounced back after a rocky start Thursday as oil prices rebounded and investors were cheered by a better-than-expected retail-sales. The Dow Jones Industrial Average advanced, led by bank and pharma stocks, as well as General Electric. Retail SouthBristol NEWS

By Bernd Debusmann WASHINGTON, March 12 (Reuters) - It's no longer in print but you can get it over the Internet and $1.99 (plus shipping and handling) buys you a well-preserved copy of DOW 36,000, a book that has become an emblem for really, really SouthBristol NEWS

(AP) Stocks turned higher Thursday, managing an advance even after a cut in General Electric Co.'s credit rating. Standard & Poor's said it is lowering GE's top rating one notch because of problems at the conglomerate's lending arm. GE, the oldest SouthBristol NEWS

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